Direct-Link Holding Group LLC announced that it has completed a transaction in which M&F Business Credit Inc. will provide an acquisition line of credit to the company for $5 million. “This new line of credit provides us with additional resources …
The Pacific Warning Tsunami Center said waves that reached Hawaii — up to 7 feet high on Maui — as a result of the 8.9 magnitude earthquake that rocked Japan “are not going to be a major damaging event.” However, …
California Insurance Commissioner Dave Jones has filed regulations to add the category of “spouse” to the application form for the state’s Low Cost Auto Insurance Program. “The definition of marriage has changed over time in California, and it is imperative …
The Joint Task Force comprised of the California Highway Patrol (CHP), the California Department of Insurance (CDI) and San Francisco District Attorney’s Office has reportedly completed its four-year investigation of former California State Compensation Insurance Fund employees and directors. In …
Proposed legislation to prohibit insurers from considering a consumer’s credit history would take away discounted rates for the majority of Nevada policyholders, according to the Property Casualty Insurers Association of America (PCI). PCI testified recently before the Nevada Assembly Commerce …
Direct-Link Holding Group LLC has acquired Mother Lode Insurance Services LLC of Cameron Park, Calif. The transaction marks the 40th acquisition for Direct-Link Holding Group. Founded in 1999, Direct-Link Holding Group is a California-based limited liability insurance agency specializing in …
The San Francisco Municipal Transportation Agency will consider settling nearly $1 million in claims from 12 passengers injured in a July 2009 light-rail crash. The San Francisco Chronicle reported that Muni’s board is expected to take up the claims this …
The California Office of Administrative Law has approved new regulations for creating a Web site that will allow people to verify employers have workers’ compensation insurance coverage, and for employers to dispute with the rating organization or the employer’s insurance …
Richard Rutkin, president of L.A.Xcess Insurance Brokers Inc. announced that L.A.Xcess has become an independently owned national wholesaler by purchasing itself back from DeWitt Stern Group, an entertainment insurance provider. L.A.Xcess will remain in its current in Los Angeles office. …
The median six-month auto insurance rate in California has decreased approximately 3.1 percent over the past 12 months to reach $809 according to InsWeb. Over the same 12-month period, the national median auto insurance rate has declined approximately 5.6 percent …
